Thursday, August 30, 2012

Quote of the Day, 8/30/2012

"The advantage enjoyed by the market is the automatic
reward and penalty system imposed by profits and losses.
When customers are pleased, they continue patronizing those
merchants who have served them well. These businesses are thus
allowed to earn a profit. They can prosper and expand. Entrepreneurs
who fail to satisfy, on the other hand, are soon driven to

-Walter Block in his book "The Privatization of Roads and Highways"

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